Skip to main content
Filing year 2024

Adams Electric Cooperative

Camp Point, Illinois·EIN 37-0147965·501(c)(12)
Total revenue
$28.3M
Total assets
$70.6M
Total expenses
$28.3M
Reported officers
16
Mission

To provide electric energy to our members on a cooperative basis

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager
75th to 90th percentile
$343k
$369k
Base
$239k
Bonus
Other
$14k
Benefits
$14k
Line Foreman
Highest Compensated Employee
Median to 75th percentile
$189k
$203k
Base
$144k
Bonus
Other
$208
Benefits
$29k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$166k
$178k
Base
$134k
Bonus
Other
$176
Benefits
$19k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$162k
$175k
Base
$131k
Bonus
Other
$156
Benefits
$19k
Mgr of Finance & Accountin
Finance Manager
75th to 90th percentile
$157k
$169k
Base
$104k
Bonus
Other
$303
Benefits
$20k
Line Foreman
Highest Compensated Employee
25th percentile to median
$154k
$165k
Base
$131k
Bonus
Other
$124
Benefits
$11k
Journeyman Lineman
Highest Compensated Employee
25th percentile to median
$153k
$164k
Base
$141k
Bonus
Other
$117
Benefits
$2k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
President
Below 10th percentile
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
25th percentile to median
$5k
$5k
Secretary
Officer (Unspecified)
$5k
$5k
Treasurer
Officer (Unspecified)
$4k
$5k
Vice-president
Below 10th percentile
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 8%
from 2023

From $318k in 2023 to $343k in 2024.

$318k
2023
$343k
2024
In today's dollarsEst.
Up 5% in real terms$352k to $369k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

General Manager pay rose 8% from 2023 to 2024, while revenue rose 1%.

$318k in 2023 to $343k in 2024.
  • Highest Compensated Employee pay fell 3% from 2023 to 2024.
  • Finance Manager pay rose 15% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Adams Electric Cooperative reported revenue and expenses across 2 filing years.

RevenueExpenses
$28.1M
$28.1M
2023
$28.3M
$28.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Adams Electric Cooperative

What does the General Manager of Adams Electric Cooperative earn?

In 2024, the General Manager of Adams Electric Cooperative received $342,947 in total compensation. This pay is in the top quarter for General Manager roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does General Manager pay at Adams Electric Cooperative compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the General Manager at Adams Electric Cooperative falls between the 75th and 90th percentiles.

What are Adams Electric Cooperative's revenue and expenses?

In 2024, Adams Electric Cooperative reported $28.3M in total revenue and $28.3M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.